I bought a condo in Norman Oklahoma 3 years ago and due to the rental market, I have struggled to get another.

I know what I would do for my market if it were a long-term rental in valuation, I don't know how investor buyers do it for STR.

Unless you are finding off-market opportunities direct to seller, I can't imagine the deals working on BRRRR.

This experience can help you scale your portfolio over the next few years- Local properties appreciate faster, which allows investors to reinvest their equity into more local multifamily units OR other markets where the cost per unit is lower (i.e., Philly, Upstate NY, etc.)The Bronx is arguably the best borough to consider the househack strategy.

If things go sideways, you discovery greater rehab expenses, the market takes a turn for the worse, you can get in the red quickly. 

I'm happy to share insights and see how we can help each other.What market are you focusing on?

Educate yourself with books, podcasts, and market research, define your goals, and build a team of professionals to support your journey.

Then to find inventory, you need to search out, i.e. network, and find out who is creating these type of notes or you help people that may have an interest in seller financing how to create a note that is marketable to the secondary market.

Marketing-Ready Design – Your rental should look as good on camera as it does in person.

Do you know the markets you threw out really well?